McCormick & Co Inc Director Receives Routine Phantom Stock Award

Executive Summary

On September 3, 2026, McCormick & Company, Inc. ($MKC) filed a Form 4 disclosing transactions by Director Jacques Tapiero. The report details the acquisition of phantom stock credited under the company's Non-Qualified Retirement Savings Plan, consisting of a routine award and dividend reinvestment.

Key Transaction Highlights

• Grant / Award (2026-09-02): Acquired 185.874 shares of Phantom Stock at $53.80 per share (~$10,000 total value, Transaction Code A).
• Dividend Reinvestment (2026-07-20): Acquired 23.942 shares of Phantom Stock at $52.24 per share via dividend reinvestment (Transaction Code J).
• Holdings Post-Transaction: Following these transactions, the insider holds 2,815.397 shares of phantom stock indirectly, along with direct holdings of 33,818.054 shares of Common Stock - Voting and 2,620 shares of Common Stock - Non Voting.

Market & Strategic Impact

This filing reflects standard director compensation and dividend reinvestment under a deferred compensation/retirement plan rather than discretionary open-market buying or selling. As such, the market impact is considered Low.